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November 5, 2022, 4:10 PM
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Platformer:
Sources detail Twitter after mass layoffs: key teams gutted, severance packages account for the WARN Act, and an ad hoc Google Docs directory of remaining staff  —  I. The Snap  —  The email went out at 5:21 PT PT on Thursday.  —  For a full week, Twitter employees had waited in hopes …
Financial Times:
Current and former Twitter staff shed light on Elon Musk's “War Room”, which includes Jason Calacanis and David Sacks, tasked with fixing the stagnant business  —  In his first week as owner, billionaire axed management, began mass job cuts and launched new products
Faiz Siddiqui / Washington Post:
Twitter lays off about half its staff, sending a “Your Role at Twitter” email to their company account for those staying and personal account for those leaving
More: TechCrunch, The Guardian, The Irish Times, Gizmodo, Mercury News, New York Times, NBC News, Politico, Gizchina, Mashable, Cryptopolitan, Bloomberg, Insider, The Hill, Silicon Valley Business …, and Wired
Tweets: @shannonrsingh, @joandeitchman, @sbkcrn, @rachbonn, @kurtwagner8, @willoremus, @arctictony, @joandeitchman, @sheonhan, @chrisyounie, @kurtwagner8, @yashagarwalm, @oneunderscore__, @briannawu, @kateconger, @oneunderscore__, @elonmusk, @rdassaly, @dickc, @scottnover, @mattdpearce, @nytimes, @monikabauerlein, @biz, @lizzadwoskin, @sarthakgh, @leakissner, @nikkimcr, @ketanj0, @jasonschreier, @melcolmruffin, @jaseemabid, @c7five, @hunterwalk, @oneunderscore__, @lisabloom, @carnage4life, @obrien, @niggi, @wiredbusiness, @jonbernhardt, @maxkennerly, @emilyettel, @martinsfp, @evacide, @redsteeze, @sarahjeong, @nytimes, @elibelly, @louisgray, @scottnover, @maxkennerly, @marklittlenews, @hugovk, @rmac18, @tech_actions, @oneunderscore__, @bgrueskin, @meghann, @ggreeneva, @jsrailton, @normative, @joannag, @nslwin, @b52malmet, @stevekovach, @markjeffrey, @ryanmer, @byajperez, @thisisme0311, @katestarbird, @gossithedog, @pwnallthethings, @danprimack, @krave, @mulegirl, @johncusack, @qhardy, @rmac18, @lu_shennan, @markmilian, @chadloder, @ruchowdh, @tsimonite, @kevinbankston, @mollyesque, @jesselehrich, @adambain, @sarthakgh, @sg, @greenhousenyt, @hcuccinello, @kayvz, @scottnover, @mmasnick, @tron, @kevinroose, @kurtwagner8, @brandyzadrozny, and @ackocher
See also Mediagazer
Chance Miller / 9to5Mac:
Twitter rolls out its new Blue subscription, which offers a blue checkmark for $8/month, on iOS and Android in the US, Canada, Australia, New Zealand, and UK  —  Twitter is officially rolling out its new Twitter Blue subscription service, which offers “blue check” verification to everyone for $8/month.
Brian Morrissey / The Rebooting:
Elon Musk's focus on Twitter Blue is part of a trend in which consumer tech platforms pivot away from advertising to recurring revenue through subscriptions  —  Tech's marriage of convenience to the ad industry hits the rocks  —  Request: Please fill out this survey as I think through what a Rebooting membership plan would look like.
CNN:
Sources: 1,300 Starlink units in Ukraine went offline as SpaceX and the US DoD negotiate funding despite Elon Musk claiming the company will continue “for free”  —  Ukraine's fears that its troops  may lose access to Elon Musk's crucial Starlink internet service deepened …
Nilay Patel / The Verge:
Q&A with telecom reporter Karl Bode about Gigi Sohn's nomination to the FCC as Comcast and Fox Corp. team up to lobby swing votes in the Senate against her  —  How often do the parent companies of Fox News and MSNBC team up? … Today, we're just talking about a problem.
Wall Street Journal:
Elon Musk says Twitter suffered “a massive drop in revenue” due to activist groups pressuring advertisers, despite doing “everything” to “appease the activists”  —  Chief of social-media company cites activist groups pressuring advertisers, as many staffers brace to lose jobs
More: USA Today, Wall Street Journal, TIME, The Verge, Adweek, CNBC, SlashGear, Mercury News, Forrester, The Information, Bloomberg, Insider, VICE, Watcher Guru, Android Central, Associated Press, and NBC News
Tweets: @elonmusk, @elonmusk, @elonmusk, @goangelo, @loupas, @mikeisaac, @ngrossman81, @mmasnick, @goangelo, @dougjballoon, @jessehawken, @joshtpm, @kurtwagner8, @ggreenwald, @karilake, @rothschildmd, @daveyalba, @noupside, @rmac18, @grady_booch, @madrid_mike, @whstancil, @aranganathan72, @rafat, @mmasnick, @cindygallop, @goangelo, @mmasnick, @jamessurowiecki, @kinsellawarren, @mmasnick, @joshtpm, @goangelo, @goangelo, @tiffkhsu, @cindygallop, @jpbrammer, @derricknaacp, @reckless, @anildash, @jessicalessin, @jamessurowiecki, @maxkennerly, @mikeisaac, @theserfstv, @stevehiltonx, @evan_greer, @karaswisher, @elivalley, @stevekovach, @washingtonpost, @sarafischer, @alexstamos, @alexstamos, @markgongloff, @carnage4life, @therickwilson, @bradmossesq, @mulligan, @sarafischer, @sarafischer, @attorneynora, @pwnallthethings, @loloverruled, @pt, @cabel, @brianklaas, @amasna, @piersmorgan, @lizrummy, @buccocapital, @cbouzy, @garyblack00, @georgetakei, @robdenbleyker, @jamessurowiecki, @bennyjohnson, @seldo, @aodespair, @checkmyadshq, @nberlat, @jilliancyork, @christinapushaw, @scalzi, @bradheath, @barry, @pt, @artemr, @edmundlee, @sdkstl, @oneunderscore__, @nicoleperlroth, @gerritd, @johnpaczkowski, @tomtomorrow, @charlesarthur, @cwarzel, @davewiner, @peterhimler, @fmanjoo, @steinkobbe, @stevekovach, @film_girl, @matthewstoller, @fmanjoo, @teroterotero, @carnage4life, @cwarzel, @markwby, @harrymccracken, @madhurchadha, @karaswisher, @katies, @maxberger, @heerjeet, @renato_mariotti, and @soledadobrien
See also Mediagazer
J.D. Capelouto / Semafor:
A Birdwatch note adding context to Elon Musk's tweet about Twitter's revenue drop is gone; Musk called the community notes feature “awesome” earlier this week
Bloomberg:
Sources: Apple is building a live TV ad network and talking to ad partners as part of its deal to stream Major League Soccer games starting in February 2023  —  Apple Inc. is building an advertising network for live television as part of its deal to stream Major League Soccer games next year …
Zeke Faux / Bloomberg:
El Salvador's Bitcoin “revolution” is failing miserably and behind the debacle are crypto evangelists from wealthier countries who cheered on President Bukele  —  On an estuary along the coast of El Salvador, a few miles west of the Conchagua volcano, about 70 families live in a settlement called Flor de Mangle.
Jordan Pearson / VICE:
As chess explodes on Twitch, a look at Chess.com's Global Championship, its first in-person event since 2018, and “fair play” measures amid a cheating scandal  —  Cheating allegations have changed how chess is played, just as the game is shifting into looking a lot more like esports.
Jay Peters / The Verge:
Filing: Apple settles its lawsuit against an ex-employee accused of stealing trade secrets and sharing them with the media; he will pay Apple an undisclosed sum  —  Apple has settled its lawsuit against Simon Lancaster, a former design architect, who the company accused of stealing trade secrets and sharing them with a journalist.

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From Mediagazer

Bloomberg:
Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

More News

Deepsekhar Choudhury / Moneycontrol:
Source: Bengaluru-based B2B marketplace Udaan plans to lay off 325 to 350 employees, or 10%+ of its workforce, a week after raising $120M in convertible debt

Earlier Picks

Jonathan Greig / The Record:
Microsoft accuses China-backed nation state hackers of abusing the country's vulnerability disclosure requirements to discover and develop zero-day exploits
Reed Albergotti / Semafor:
A profile of Twitter Head of Safety & Integrity Yoel Roth, who joined in 2015 and is one of few executives to gain Elon Musk's public support after the takeover
Casey Newton / Platformer:
Sources: Twitter plans to shut down newsletter platform Revue, acquired in January 2021, by the end of 2022, and pauses its new Notes product and crypto wallet
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